St. Pete Homes with No Deed Restriction Community Extras

Welcome to St. Pete, a charming subdivision nestled in the heart of Kenneth City, Florida, within the picturesque Pinellas County. Known for its warm sunshine and friendly atmosphere, St. Pete offers residents a unique blend of suburban tranquility and urban convenience.

One of the standout features of this community is its homes with no deed restrictions, providing homeowners the freedom to personalize their properties without the constraints often found in more regulated neighborhoods. This flexibility allows for a vibrant, diverse community where creativity and individuality can flourish. Whether you’re looking to park your RV, build a workshop, or enjoy your outdoor space as you see fit, St. Pete welcomes you with open arms.

St. Pete is not just about the homes; it’s about the lifestyle. Residents can enjoy easy access to local parks, shops, and dining options, all while being just a short drive away from the stunning Gulf Coast beaches. The area boasts a rich tapestry of community events, making it easy to connect with neighbors and create lasting friendships.

Families will appreciate the proximity to well-rated schools and recreational facilities, ensuring that there’s something for everyone. With a welcoming spirit and a focus on community, St. Pete in Kenneth City is the perfect place to call home. Explore the possibilities today and discover why this subdivision is a hidden gem in Florida’s vibrant real estate market!

Newest St. Pete Homes with No Deed Restriction Community Extras

$975,000

9 Beds ⋅ 6 Baths ⋅ St. Pete SubDv. ⋅ 33709 Zip Code

1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! FOUNDATION REPAIRS COMPLETED!!! RECENTLY REMODELED!!!! ADDITIONAL WATERFRONT LOT INCLUDED!!! ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH 135Ft OF WATER FRONTAGE!!!! Fully occupied cash generating investment property and all tenants are on MONTH TO MONTH AGREEMENTS!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. CURRENT RENTS ARE AS FOLLOWS: $1,800, $1,800, $1,800, $1,200, $1,200 $1,150 Total: $8,950 per month and $107,400 total income per year!!! Expenses: $250 per month for water garbage pickup $94 per month, $4,128 annually. Taxes $6,800 annually and Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $92,368!!! Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air. 10% cap rate with opportunity to boost to 12-15% cap rate with rent raise and laundry area addition!!!

5050 74th Street N Unit 1, St Petersburg

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